The richest bauxite deposits in the world

In the hearts of the Boké hills lie the richest bauxite deposits ever known in the world, with an average aluminia content varying from 50 % to 62 %.

Since 1963 CBG holds exclusive rights to exploit bauxite of Sangarédi, Bidikoum and Silidara on the site of a mining concession of 1, 292 Km 2 .

More than one sixth of aluminia produced in the world comes from CBG bauxite.

Compagnie des Bauxites de Guinée ( CBG ) was founded in 1963, when a consortium of partners, Halco ( Mining ) Inc., associated with the Guinean government to form an independent corporation. The pro rata share is 49 % for the Republic of Guinea and 51% for Halco. Preliminary works for the exploitation of the site took several years owing to the geographic specifities of the region . It was on the 26 July 1973 that the vessel "CORONA" anchrored at the port of Kamsar to take delivery of the first bauxite load . Ever since, CBG has been operating according to the following principle : Halco partners buy essentially the production as part of "Take-and-pay" contracts ; prices are set on the basis of aluminia and aluminium quotation on the international market.

Some record results

A railroad to transport raw bauxite to the plant and an efficient work force are among the favorable factors sustaining the operations. To assess the real performance of the corporation, one only needs to look at the volume of bauxite production which increased from 6 million tons in 1973 to 12,5 million tons in 1998.







Records have been broken as regards to occupational health and safety, mine production, rail haulage and shipments at the port of Kamsar.
Furthermore, CBG's sound financial health enables it to contribute to the development of its nearby environment .
In this context, CBG earmarks annually a financial package of 500 thousand USD through a community program focused on education, health cares, road buildings, sports and leisure.

A promising outlook